Search found 145 matches

by goalie
Thu Aug 09, 2018 5:17 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 240
Views: 24640

Re: "Don't Obsess About Expense Ratios"

To me it's simple. Invest with a company that has always kept their fees as low as they can & bonus their employees for helping to lower these fees. ORRRR invest with a company that lowers their fees to try to steal another company's loyal and not-so-loyal clients, in the hopes that these clients ma...
by goalie
Sun Aug 05, 2018 4:45 am
Forum: Personal Consumer Issues
Topic: Audi A4 -- Does Anyone Have an Opinion About It?
Replies: 31
Views: 3595

Re: Audi A4 -- Does Anyone Have an Opinion About It?

Had a 3 year experience selling VW/Audi in my car sales history. They were the kind of car that if you went on vacation and took the other car, you would come home to a dead battery. Many service calls involving new batteries being dead after 5-7 days. Perhaps this "draw" on the battery has been dea...
by goalie
Thu Aug 02, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Is there a Boglehead way of running a business?
Replies: 19
Views: 2543

Re: Is there a Boglehead way of running a business?

Many businesses have to be C Corp for a few different reasons. The most common that I know of is how the corporation was formed at its start. If it is financed by 401K, or a ROBS, (rollover for business start up), IT MUST BE A C CORP. There are other reasons of which I am not as familiar. Chip
by goalie
Wed Jun 20, 2018 7:45 pm
Forum: Personal Consumer Issues
Topic: Best Father's Day Gift You Ever Received (or wish you'd received)
Replies: 23
Views: 2978

Re: Best Father's Day Gift You Ever Received (or wish you'd received)

I was still driving a tractor trailer approx 10 years ago and my 4 kids, ages 1 to 5, gave me an extendable back scratcher. There is nothing worse than an itch that you can't safely reach for 10-14 hours. It hits that spot oh so well......ah!!! Chip
by goalie
Mon Jan 01, 2018 12:21 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2017!
Replies: 334
Views: 83449

Re: Roll Call for the Retirement Class of 2017!

2017 was a year that I will never forget. I was let go by a company that recruited me by offering a 25% pay increase in the fall of 2015. The culture was a nightmare. No support or feedback. Just back-stabbing, fake smiles and whispers. Had a bad feeling that I was getting released. Funny though, I ...
by goalie
Fri Dec 29, 2017 7:54 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2017!
Replies: 334
Views: 83449

Re: Roll Call for the Retirement Class of 2017!

2017 was a year that I will never forget. I was let go by a company that recruited me by offering a 25% pay increase in the fall of 2015. The culture was a nightmare. No support or feedback. Just back-stabbing, fake smiles and whispers. Had a bad feeling that I was getting released. Funny though, I ...
by goalie
Fri Dec 22, 2017 8:36 pm
Forum: Investing - Theory, News & General
Topic: Will you take this Fidelity bait ?
Replies: 126
Views: 17100

Re: Will you take this Fidelity bait ?

I remember when Fido didn't have low ER #s. It's only because of Mr Bogle that Fido has lowered them to where they are. Jack could have chosen to open just another investment company, but he didn't. He chose to change an industry, not be the one changed by a pioneer.
by goalie
Sat Dec 02, 2017 6:15 am
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 27742

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

I was told many years ago, "If you can't explain an investment to a 5 year old, in under 5 minutes, head for the hills." I understand that people are making a lot of money with Bitcoin, but I'm staying away.
by goalie
Mon Nov 27, 2017 6:26 am
Forum: Personal Consumer Issues
Topic: Etiquette question: going out to dinner with friends and how to split the bill
Replies: 86
Views: 7663

Re: Etiquette question: going out to dinner with friends and how to split the bill

A friend and I have been eating lunch together for almost twenty years. We alternate picking up the tab. At this point, I couldn't tell you who has gotten the better deal... :moneybag
by goalie
Sun Oct 29, 2017 8:40 am
Forum: Personal Finance (Not Investing)
Topic: What was the main reason you retired?
Replies: 210
Views: 21512

Re: What was the main reason you retired?

Although I'm not retired, reading this post validates my feelings. I was recently laid off from middle management in the logistics industry. I climbed my way from driver, to dispatch, to recruiting, to transportation manager. I am now older than 50, without a good education and disgusted by the thou...
by goalie
Sat Oct 14, 2017 4:25 am
Forum: Personal Consumer Issues
Topic: Auto Transport From Florida to Oklahoma.
Replies: 12
Views: 1838

Re: Auto Transport From Florida to Oklahoma.

Agreed. I used to be in the auto transport business. By the end of it all, between transport costs and replacing all of the dried out rubber components (tires and such), you'll be into this truck for more than it is worth. Also, being caught between broker and transporter could be an issue.
by goalie
Wed Sep 27, 2017 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: My Smartest Financial Moves
Replies: 62
Views: 8130

Re: My Smartest Financial Moves

Finding the old Morningstar board, Vanguard Diehards. Which is still there but it's not Bogleheads.org.
Indexing, but I must admit that I love small cap value and emerging markets
Constantly trying to live below our means
Now trying to buy a small business, if banks would cooperate. :annoyed
by goalie
Thu Sep 21, 2017 5:56 am
Forum: Personal Finance (Not Investing)
Topic: What is FI if you love your job? [Financial Independence]
Replies: 68
Views: 8477

Re: What is FI if you love your job? [Financial Independence]

In the year 2010, my wife and I were in two perfect situations. Wife was a teacher at a non-public school and I had been moved into management, after being a truck driver for almost 20 years. Both situations were perfect, especially the cultures. Leap forward 5 years, and both situations went toxic....
by goalie
Sun Jan 01, 2017 8:48 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST
Replies: 711
Views: 47604

Re: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST

Pick for 2017 is.....2631.33
by goalie
Sun Oct 04, 2015 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Disney Is Pricing Itself Out Of Business
Replies: 26
Views: 3844

Re: Disney Is Pricing Itself Out Of Business

As an observer, that is close to someone who works in that world, Disney is healthy as a horse. Their parks are stuffed to the gills. Even in the summer, with the high humidity and temperatures, the parks are full with tour groups from other parts of the world. Chip
by goalie
Fri Jul 31, 2015 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Terrible Index Funds
Replies: 11
Views: 2359

Re: Terrible Index Funds

I was in a 401K administered by Transamerica. The 500 index fund had an expense ratio of 0.90 or 0.95%, plus a 0.25% administration fee each year. It was tough, as a Boglehead, to watch good return go down the drain. I "hated" golfer Zach Johnson for years because he endorses those thieves. But I ha...
by goalie
Wed Jul 29, 2015 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Any COBRA Experts? Will This Plan Work?
Replies: 9
Views: 1429

Re: Any COBRA Experts? Will This Plan Work?

I did the exact same thing. I left a job on 9/9/14. The COBRA paperwork said that I had 60 days to respond from the date that the letter was written, 9/12/14. My new insurance kicked in on 11/9/14. So I just waited until my new insurance kicked and never activated the COBRA. I was under the impressi...
by goalie
Sun May 10, 2015 6:54 am
Forum: Personal Finance (Not Investing)
Topic: Lecture me about "too much house"
Replies: 51
Views: 19032

Re: Lecture me about "too much house"

Waiting six months to save another 10% would put you into the winter season. Around here, (PA), the housing market dies November through March. Better time to buy. Chip
by goalie
Sat May 09, 2015 7:36 am
Forum: US Chapters
Topic: Happy Birthday Mr. Bogle
Replies: 40
Views: 14699

Re: Happy Birthday Mr. Bogle

Happy Birthday to the man that has changed so many lives. Changing lives is the reason for our existence. Chip
by goalie
Thu Apr 30, 2015 4:42 am
Forum: Personal Consumer Issues
Topic: New car every 5 years instead of 10?
Replies: 129
Views: 41173

Re: New car every 5 years instead of 10?

Also, let's not mix up terminology. Repairs are water pumps, alternators and transaxle overhaul. Upkeep or maintenance, is tires, brakes and batteries. The earlier happen when they happen, the latter happen when you choose to do them. Chip :moneybag
by goalie
Sat Apr 25, 2015 7:36 pm
Forum: Personal Consumer Issues
Topic: [new position, facing an] hour commute (each way)
Replies: 52
Views: 13029

Re: does anyone have an hour commute (each way?)

I had a great job, with a great boss and a half hour ride each way. Boss left, work went to hell, got moved to a different position by my new manager. About a year later, my old boss reached out with an offer at his new spot, which is 60 to 75 minutes each way. Negotiations not only involved pay and...
by goalie
Sun Mar 29, 2015 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: [Poll] Do you have an auto loan?
Replies: 72
Views: 8440

Re: [Poll] Do you have an auto loan?

Last loan that I took out, was a 36 month - 0%, from Toyota Financial Services. Finished paying it off in October 2014. Chip
by goalie
Fri Mar 13, 2015 9:47 pm
Forum: US Chapters
Topic: Vanguard Diehards Alumni
Replies: 23
Views: 2886

Re: Vanguard Diehards Alumni

My father passed away in Aug '98. My mother was left a small gov't pension, small IRA and a mid five digit lump sum. I remember going with my mother to her bank and "the investment guy" put the IRA into a Putnam annuity. It didn't seem like the right thing, but he must know the right thing to do. :o...
by goalie
Mon Mar 09, 2015 7:11 pm
Forum: Personal Investments
Topic: Transamerica 401K Advise
Replies: 8
Views: 2664

Re: Transamerica 401K Advise

I was employed at a company that used TA. You are not mentioning the 0.25% admin fee. Add that to the numbers listed. Chip
by goalie
Thu Jan 29, 2015 8:20 pm
Forum: Investing - Theory, News & General
Topic: What is the international portion of your portfolio and why?
Replies: 140
Views: 20578

Re: What is the international portion of your portfolio and

I am currently 72/28 stocks to bonds. Domestic to international split is 36/36.
8% Developed Markets
8% FTSE ex-us small
8% Int'l Real Estate
12% Emerging Markets
by goalie
Thu Jan 29, 2015 6:45 pm
Forum: Personal Consumer Issues
Topic: Adopting
Replies: 29
Views: 3828

Re: Adopting

We have two wonderful daughters from China. Love them more than I ever thought I could love anything. Would do it again if we could afford it, but we have two biological children also. Four kids is plenty for us. Over $20K per kid, but the tax credit is going to get you 2/3s of that back. It may tak...
by goalie
Tue Jan 20, 2015 8:17 pm
Forum: Personal Consumer Issues
Topic: Book on Management (Practical with Examples)
Replies: 13
Views: 1652

Re: Book on Management (Practical with Examples)

Quick read, "The Way of the Shepherd". A bit longer, "The Five Dysfunctions of a Team". I found most of my feelings about leadership and team building supported by what I read in these books. Chip
by goalie
Sat Jan 17, 2015 11:08 am
Forum: Investing - Theory, News & General
Topic: Poll: Your Max. REIT Allocation
Replies: 56
Views: 8987

Re: Poll: Your Max. REIT Allocation

Not sure how to answer, but I hold 8% Vanguard domestic REIT fund and 8% Vanguard int'l Real Estate fund. Do I say 8% or 16% ? Chip :confused
by goalie
Tue Jan 06, 2015 4:44 pm
Forum: Investing - Theory, News & General
Topic: Poll: Do you own I Bonds?
Replies: 62
Views: 8541

Re: Poll: Do you own I Bonds?

I also listened to Mel and bought my Mother a decent amount in May of 2000. Wish I had bought more back then. I bought some for myself as part of my emergency fund in 2011-12. I look at them as a tax-deferred savings account/CD. Chip
by goalie
Mon Jan 05, 2015 9:42 pm
Forum: Investing - Theory, News & General
Topic: TSM or S&P 500, MidCap and SmallCap indexes?
Replies: 21
Views: 2572

Re: TSM or S&P 500, MidCap and SmallCap indexes?

I do 25% each in 500 index, mid cap index, small cap index & REIT. And I'm slowly letting the small cap get a little bigger for a little more "bottom end" bonus. TSM, although easy, doesn't capture the small cap bonus. I think I do now. Chip
by goalie
Thu Jan 01, 2015 7:17 pm
Forum: Investing - Theory, News & General
Topic: 2015 BOGLEHEAD CONTEST REGISTRATION
Replies: 557
Views: 48730

Re: 2015 BOGLEHEAD CONTEST REGISTRATION

The winning number is 2034.56 :moneybag
by goalie
Sat Dec 13, 2014 6:24 am
Forum: Investing - Theory, News & General
Topic: You folks think [a market crash] is coming?
Replies: 64
Views: 7793

Re: You folks think [a market crash] is coming?

If you've been at this more than 5 years and ask that question, your AA is too heavy in equities. Lower your AA by 10-30 points. If you've been at this less than 5 years, go to the list of books and start reading. Make sure you order through the BH site on Amazon. :moneybag Chip
by goalie
Sat Dec 13, 2014 6:15 am
Forum: Personal Investments
Topic: How can I slice & dice like Swedroe, Ferri, etc w/ little $$
Replies: 51
Views: 5157

Re: How can I slice & dice like Swedroe, Ferri, etc w/ littl

I would start with Total Stock Market and not add another fund until I had enough to open the second fund with Admiral Shares (10K each). Keep investing in those two funds until I had enough to open a third fund with Admiral Shares.ETC, ETC. I enjoy having the small, REIT, value funds, and I don't m...
by goalie
Fri Dec 05, 2014 5:07 pm
Forum: Investing - Theory, News & General
Topic: Bogle Advises Investing No More Than 20% Outside U.S.
Replies: 106
Views: 20867

Re: Bogle Advises Investing No More Than 20% Outside U.S.

I have always had between 40-50% of my equity holdings invested overseas. I don't regret it one bit. History shows it will practically even out. Even if it doesn't, I'll take the hit to diversify across that many more holdings at index fund fee levels. :moneybag Chip
by goalie
Sat Oct 25, 2014 8:55 pm
Forum: Investing - Theory, News & General
Topic: What kind of index funds did Vanguard have 1976-1992?
Replies: 9
Views: 1740

Re: What kind of index funds did Vanguard have 1976-1992?

Does anyone know the history of the small cap index? Website says it was started on 10/3/60. Thank you, Chip
by goalie
Tue Oct 21, 2014 8:27 pm
Forum: Personal Investments
Topic: My First Aggressive Portfolio - Mid-Cap/Small-Cap Tilt
Replies: 9
Views: 2009

Re: My First Aggressive Portfolio - Mid-Cap/Small-Cap Tilt

My portfolio is similar to yours, but I also get more diversity on the international side. 500 index ~8% Mid cap index~8% Small cap index~12% REIT index ~8% Developed Int'l ~8% Emerging Mkt index~12% Small Cap Int'l index-8% Int'l REIT index ~8% Total Bond index -15% High Yield Bonds ~8% Inflation B...
by goalie
Mon Sep 29, 2014 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Working & Collecting SS Benefits
Replies: 6
Views: 1039

Re: Working & Collecting SS Benefits

She has the part time job at $10-11,000 and a $13K survivors annuity from my dad's 30 year postal career. So at $23-24,000 per year plus Social Security, is she clear?
by goalie
Mon Sep 29, 2014 4:28 am
Forum: Personal Finance (Not Investing)
Topic: Working & Collecting SS Benefits
Replies: 6
Views: 1039

Working & Collecting SS Benefits

Mom is going to start collecting Social Security retirement benefits this upcoming spring at age 70. I advised her to wait as her health is good and the 8% annual return is worth the gamble, IMO. She works a part time job earning approx 10-11K per year, will there be any tax issues earning this inco...
by goalie
Sun Sep 14, 2014 2:37 pm
Forum: Investing - Theory, News & General
Topic: Share your Hot-Rod Portfolio
Replies: 55
Views: 6577

Re: Share your Hot-Rod Portfolio

I call this my "Not Lazy Portfolio"
I'm glad you lifted the 8 fund limit, Chip.

8% large cap index
8% mid cap index
12% small cap index
8% REIT index

8% developed int'l index
12% emerging index
8% small cap int'l index
8% REIT int'l index

18% Total bond index
5% I-Bonds
5% Hi Yield
by goalie
Sun Sep 07, 2014 6:56 am
Forum: Personal Finance (Not Investing)
Topic: What do you measure your AA against?
Replies: 20
Views: 1772

Re: What do you measure your AA against?

red5 wrote:You can find a Retirement Fund (changes over time) or a Lifestyle Fund (does not change over time) that has a similar AA to what your AA is and compare it to that.
This is what I do. I look at TR2030, as it has the closest AA to mine. Comparing a portfolio to the S&P500 is useless. Chip
by goalie
Fri Sep 05, 2014 5:16 am
Forum: Personal Consumer Issues
Topic: Lawnmower/gas issues
Replies: 48
Views: 9930

Re: Lawnmower/gas issues

I started have issues like this. I always bought the cheapest mower and when the last one aged out, I went used & electric on Craigslist. I love it. People ask about mowing with a corded mower. The key is to mow AWAY from your power source, so there is zero chance of running over the cord. I love it...
by goalie
Wed Aug 27, 2014 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Questions for Landlords
Replies: 22
Views: 2356

Re: Questions for Landlords

[personal comment removed by admin alex]
by goalie
Fri Aug 22, 2014 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: What to consider while purchasing an existing business?
Replies: 66
Views: 11584

Re: What to consider while purchasing an existing business?

I bought a small business with a friend decades ago, and that was 50K, minus all debts, so our run started fresh. We ended up paying him $7,800. Big difference. Chip
by goalie
Wed May 28, 2014 4:48 am
Forum: Personal Investments
Topic: Poor guy at 29 - need investment advice
Replies: 17
Views: 2332

Re: Poor guy at 29 - need investment advice

I was just like you in my late 20's. I threw some numbers around and realized that I was never going to have anything if I didn't do two things. Increase my income and invest wisely. First thing I did was search for a vocation that was not hard to get into, that had stability and that I would enjoy....
by goalie
Mon May 26, 2014 7:28 pm
Forum: Personal Consumer Issues
Topic: Worst "Large purchase" ever?
Replies: 110
Views: 16773

Re: Worst "Large purchase" ever?

Owned Hondas, owned Toyotas....I've found Toyotas don't need timing belts at 80K miles....Chip :moneybag
by goalie
Sat May 17, 2014 8:44 pm
Forum: Personal Consumer Issues
Topic: Jersey shore recommendations?
Replies: 14
Views: 1708

Re: Jersey shore recommendations?

When you say "family" at the Jersey shore, a Philly boy, such as myself, needs more info. Ages, likes, do they like rides, golf, is anyone a foodie? Water parks or beach? Crowds and action or quiet and relaxation. My family loves Wildwood, but they are street smart and aware of the shady areas. Our ...
by goalie
Thu May 08, 2014 6:42 am
Forum: US Chapters
Topic: Happy Birthday John C. Bogle !
Replies: 37
Views: 3605

Re: Happy Birthday John C Bogle

Happy Birthday...the man, the myth, the legend!!!
by goalie
Wed May 07, 2014 3:32 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 573
Views: 235746

Re: TV show recommendations?

Walking Dead
Arrow
Orphan Black on BBC